Viewing results 1 - 6 of 410

Russia’s Gazprom increases natural gas import from Uzbekistan

TASHKENT (TCA) — Russian natural gas giant Gazprom and Uzbekistan’s state oil and gas company Uzbekneftegaz have signed a contract on the purchase of four billion cubic meters of Uzbek gas in 2016, Russian media reported with reference to Gazprom’s documents. Continue reading

Iran open to oil production freeze after its oil output reaches 4 million bpd

TEHRAN (TCA) — Iran’s Minister of Petroleum Bijan Zangeneh said his country will take part in discussions on a possible oil production freeze after Iran’s oil output reaches 4 million barrels per day, PressTV reported.   Continue reading

Kazakhstan pegs oil production to global oil price

ASTANA (TCA) — Kazakhstan will take part in a meeting of OPEC and non-OPEC countries if it receives an invitation, Kazakh Energy Minister Vladimir Shkolnik said on the sidelines of the Parliament’s meeting on March 10, Novosti-Kazakhstan reported.   Continue reading

Kazakh tenge strengthening as oil prices show stabilization trend

ASTANA (TCA) — The National Bank of Kazakhstan’s interventions in the form of foreign currency purchases amounted to $474 million in February or 20 percent of the total currency trade, National Bank Chairman Daniyar Akishev said in the Kazakh Parliament on March 3, the official website of the Prime Minister of Kazakhstan reported. Continue reading

India seeks undersea gas pipeline project with Iran

TEHRAN (TCA) — Representatives of major Indian natural gas importers are due to visit Iran early in March to discuss a long-proposed undersea gas pipeline which New Delhi sees as an alternative to a gas-pipeline project via Pakistan, Iran’s PressTV reported.   Continue reading

Some companies may stop production in Kyrgyzstan

BISHKEK (TCA) — The Kyrgyz Government has reported on measures taken to ensure economic growth and job creation. In 2016, Kyrgyzstan expects a GDP growth of 5.2%. However, many companies continue to experience difficulties, and some of them face a threat of production stoppage. Continue reading